Kohler Corporation reports the following components of stockholders' equity at December 31, 2018 Common stock-$15 par value, 180,000 shares authorized, 55,800 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 825,000 70,000 460.ee $1,355,000 During 2019, the following transactions affected its stockholders' equity accounts. Jan. Jan. Feb. July Aug Sept. Oct. Dec. 2 Purchased 5,000 shares of its own stock at $25 cash per share. 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. 28 Paid the dividend declared on January 5. 6 Sold 1,875 of its treasury shares at $29 cash per share. 22 Sold 3,125 of its treasury shares at $22 cash per share. 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. 28 Paid the dividend declared on September 5. 31 Closed the $408,000 credit balance (from net income) in the Income Summary account to Retained Earnings. Required: 1. Prepare journal entries to record each of these transactions. 2. Prepare a statement of retained earnings for the year ended December 31, 2019 3. Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019 Complete this question by entering vour answers in the tabs below. Journal entry worksheet Journal entry worksheet <_0235 record the payment of cash dividend. note: enter debits before credits. debit credit feb general journal common dividend payable entry clear view required prev next> Journal entry worksheet K o o o o o o o O Record the reissue of 1,875 shares of the treasury stock for $29 cash per share. Note: Enter debits before credits. Date Credit Debit 54.375 Jul 06 General Journal Cash Treasury stock Common Paid-In capital, Treasury stock Record entry Clear entry ViewHeneral Journal Journal entry worksheet Required 1 Required 2 Reguired 3 Prepare the stockholders' equity section of the company's balance sheet as of December 31, 2019. KOHLER CORPORATION Stockholders Equity Section of the Balance Sheet December 31, 2019 Total contributed capital Total stockholders equity